/lit/ - Literature

>>15975350
It is valuable because people value it, people value it because it's valuable.
Before it was valuable people said it was good and worth money, so the made people pay more for it, then it was valuable.

If you can't judge if a piece of art is done by a master, an amateur or a child at glance you are on very thin ice.
Wine fraud is very common, but people are happy to pay 20k USD for bottles, and enjoy them, when in reality the wine costs 20 USD.
The same is true with a lot of contemporary art.